Vision and History
Insurance Associates, Inc. was incorporated as an independent insurance agency in the District of Columbia in 1956. The principal goal of our founder, Ted Barker, was to write surety bonds and property & casualty insurance for construction accounts. Initially, the company specialized in handling utility contractors. Since that time, we have expanded our portfolio of construction clients to represent a broad spectrum of the industry, including developers, general contractors, heavy/civil, subcontractor trades and specialty firms. In the early 2000’s, we added a full service Employee Benefits unit to completely round out the host of insurance solutions that we offer to our clients. Our company also handles the individual life insurance and personal insurance needs of our clients.
2005 marked the successful transition into our third generation of leadership. The management team of Insurance Associates has extensive surety company and insurance industry experience. The ownership of our company is shared among its key employees and an Employee Stock Ownership Plan. This structure not only promotes strong employee satisfaction, but it also facilitates clear direction from our principals while enjoying the benefits of employee ownership at every level of the organization. The depth of resources that we bring to a client is second to none.
Insurance Associates’ success is a result of many factors but one stands above all and that is our corporate philosophy as it relates to loyalty. We are committed to our customers, our insurance companies and most importantly to our employees. We believe that quality employees should be treated fairly, rewarded fairly and given a stable work environment with a sense of long term security. This philosophy has worked well for us and is evidenced by the number of long term employees that are with our firm.